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How ‘Open’ Should Chinese StartUps Be to Outside Independent Directors?

Yesterday I attended the China Entrepreneurs BizSpark MEGA Angel Investment Forum at the Microsoft Office in Beijing. The first panel discussion was about ‘Finding the right early stage investor’. Of course much of the conversation revolved around the importance of finding a strategic partner that invests ‘smart’ money as opposed to ‘dumb’ money. Meaning, investors […]

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Qihoo 360 Launches Pinterest-like Service

With the #1 online security software (user penetration hit 83.3%), second most-popular browser (user penetration peaked at 57% in last September), largest startup-page (hao360.cn, according to iResearch report) and more than 3 million users at hand, Qihoo360 could easily take the same approach as Tencent did with QQ – to capitalize on its huge user […]

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The Gold Rush Mentality

Local news broke last week that 360buy is looking to outsource its group buying business while 55Tuan appears to be one of the bidders as the two were rumored to be in discussion about the possibility. Now It’s 360buy’s Turn The 360buy move followed 55Tuan’s taking over of Ganji group buying business two weeks ago. […]

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Baidu Releases Media Player, Potential Threat to Video Aggregator?

Chinese search giant Baidu stealthily released a multipurpose media player, a move to complement its software arsenal, and might be posing potential threat to video aggregators such as Qihoo 360’s new product v.360.cn and Youku’s Soku and to even long-established Baofeng.com, a media player vendor slash online streaming service. Baidu Player Baidu Player, which characterized […]